Leave your insurance card home: Paying cash for prescription drugs and medical care

Our suspicions were confirmed last week with the report that medical costs continue to escalate. Milliman’s widely respected, annual medical index estimates that the cost of an employer-provided health plan (employer and employee payments combined) hit $25,826 for a family of four in 2015, a 6.3 percent increase from the previous…

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6 ways to avoid the cost of your high-deductible health plan

High-deductible health plans were supposed to give patients “skin in the game,” making them more savvy about costs. But deductibles today have risen so dramatically—especially for plans purchased on the federal online marketplace—that patients are now foregoing care altogether. The New York Times talked to two patients facing an increasingly…

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Company offers cash rebates to patients who shop for health care

Innovations in Health Care:  This is the second in an eight-part series highlighting experiments in reducing health care costs. Like many people, I’m addicted to comparison shopping tools. When my TV died last March in the middle of the NCAA basketball tournament, I went straight to CNET.com for assistance.  TVs,…

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